Foreign investment pledges jump 30.1% in Q4 2022

  • 📰 CNN Philippines
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Foreign investment commitments posted a double-digit increase in the fourth quarter of 2022 as the Philippine economy further reopened, data from the Philippine Statistics Authority (PSA) showed Thursday.

In a statement, the PSA said foreign investment pledges reached ₱173.61 billion, or 30.1% higher than ₱133.47 billion a year prior.

Meanwhile, no foreign investment commitments were recorded from during the period in Cagayan Economic Zone Authority , Poro Point Management Corporation , and Tourism Infrastructure and Enterprise Zone Authority .The information and communication industry is set to gain the highest investment with ₱114.29 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Drawing

Singapore Singapore Latest News, Singapore Singapore Headlines